Market Update – DULL Ahead of Holiday
1:11 p.m. ET Stocks opened mixed and remain that way. There is not a lot of conviction, presumably with markets closed tomorrow for the Juneteenth holiday. Since the open, Total industrial production increased 0.9% month-over-month in May (consensus 0.4%) after being flat in April. The capacity utilization rate jumped to 78.7% (consensus 78.5%) from a downwardly…